Xerox Corp (XRX)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,076,000 | 2,538,000 | 3,343,000 | 4,436,000 | 5,592,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,076,000K)
= 0.00
The debt-to-capital ratio for Xerox Corp has remained at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that Xerox Corp has not used any debt to finance its operations relative to its capital structure during these years. A debt-to-capital ratio of 0.00 typically suggests that the company is relying more on equity financing rather than debt financing, which may signify a more conservative financial strategy. It also implies lower financial risk as the company is not heavily leveraged with debt. However, it is essential to analyze other financial metrics and factors to gain a comprehensive understanding of Xerox Corp's overall financial health and performance.
Peer comparison
Dec 31, 2024